Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
This makes Belfrics Group the first ever exchange in the Middle East to obtain a central bank issued license to run a cryptocurrency exchange.
The announcement is the most recent in a series of steps affirming the CBB’s commitment to developing Bahrain into a leader of fintech innovation.
Algo Bahrain will support the regional Islamic banking sector through the R&D of fintech products and other innovative, sharia-compliant banking solutions.
The Regulatory Summit will debate key challenges that financial institutions and corporates face in complying with international standards, fighting financial crime and promoting strong internal compliance cultures.
A new report has found that Bahrain is losing ground to Dubai’s fintech sector and needs to adopt new technology …
The Central Bank of Bahrain (CBB) has announced new regulations to create a regulatory sandbox that will allow startups and …